Eskom to Increase Electricity Prices as Load Shedding Continues

Consumers of electricity are to brace themselves for more tariff increases in the next few years and they must also know that the evil that is load shedding will stay with them for a long time to come, at least another three to five years. This was the main message in a press briefing given by Eskom CEO, Tshediso Matona on Thursday. Speaking on the need for load shedding, Matona said that the haphazard way in which the parastatal had been run in the last seven years had resul... Read more »
by Oliver Ngwenya | Published 12 years ago

By Oliver Ngwenya On Monday, December 1st, 2014

Massive Drop in Fuel Price on 3 December

The Department of Energy in the Republic of a South Africa announced on Friday that the price of petroleum products would decrease from Wednesday the third of December. According to the announcement, the drop w... Read more »
By Oliver Ngwenya On Tuesday, November 11th, 2014

NUMSA Expulsion: Seven Other Unions Support Metalworkers

The plot is definitely thickening in the feud within the labour federation, Congress of South African Trade Unions(COSATU) and its affiliates over the expulsion of one of its feeder unions, National Union of Me... Read more »
By Oliver Ngwenya On Sunday, November 9th, 2014

COSATU and NUMSA Split: A Real Change in South African Politics

In what has been described as a tragic event by the ANC, the Congress of South African Trade Unions (COSATU), on Friday voted to oust the National Union of Metalworkers of South Africa (NUMSA) from the powerful... Read more »
By Ryan James On Tuesday, November 4th, 2014

Reasons for National Gambling Board Suspension Finally Explained

South Africa’s National Gambling Board suffered at the hands of South African Trade and Industry Minister Rob Davies recently when it was announced it was to be suspended. In September, announcements on t... Read more »
By Oliver Ngwenya On Thursday, October 23rd, 2014

Finance Minister Nhlanhla Nene Presents Medium Term Finance Statement

The Finance Minister of the Republic of South Africa, Mr Nhlanhla Nene, released his medium term budget policy statement in parliament, Cape Town on Wednesday. It was a mixed statement that the minister present... Read more »
By Oliver Ngwenya On Wednesday, October 15th, 2014

French Company, Areva to Supply Nuclear to South Africa

In the always ever-changing world of South African politics and economics, it was announced that President Zuma had given the Energy Minister the go ahead to sign a deal with a French organisation in the cooper... Read more »
By Oliver Ngwenya On Saturday, October 4th, 2014

Gauteng ANC Chairperson Paul Mashatile Launches an Attack on Sanral

The chairman for the African National Congress(ANC) in Gauteng province, Paul Mashatile launched an attack on the South African National Roads Agency Limited (Sanral), saying that they did not run South Africa.... Read more »
By Oliver Ngwenya On Sunday, September 28th, 2014

No Water For The Next Two Weeks in Gauteng

The water shortages that have been experienced in Gauteng are set to continue, at least for the next two weeks, according to Rand Water. Addressing members of the media fraternity, the speaker representing Rand... Read more »
By Oliver Ngwenya On Friday, September 19th, 2014

Reserve Bank Keeps Interest Rates at 5.75%, Gill Marcus Steps Down

The South African Reserve Bank (SARB), the central bank of South Africa, announced that it was keeping the interest rates unchanged at a Monetary Policy Committee meeting in Johannesburg on Thursday. As predict... Read more »